Tech Company Financing Transactions
Rincell Funding Round
Rincell secured a $1.2 million Seed venture capital round on 1/8/2024. Backers included NextGen Battery Chem Ventures and private investors.
Transaction Overview
Company Name
Announced On
1/8/2024
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Seed
Investors
NextGen Battery Chem Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to get its 18650 and 21700 silicon-graphite batteries ready for commercial production in CY2024.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
548 Market Street 467501
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Overview
Rincell manufactures advanced Lithium-ion and non lithium-ion batteries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jignesh Parikh
Chief Scientific Officer
Jagjit Nanda
Browse more venture capital transactions:
Prev: 1/7/2024: Isomorphic Labs venture capital transaction
Next: 1/8/2024: Affinity Learning venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs